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Auto Care

  • Status: Available
  • Price: $175,000

Kyan Soleimani

License No:
BRE #01927280
Email:
kyan@lbaweb.com
Office:
424-542-1402
Mobile:
805-428-8314
  • Listing No: 6303
  • Status: Available
  • Area:
  • Price: $175,000

Description

This is an amazing opportunity to buy and run this high-performing auto repair shop. The building has 3 bays with high ceilings is on a very busy street in Los Angeles. This business is in very close proximity to many residential homes and has customers coming from all over Los Angeles County. Owner has established a large list of clients over 20+ years that new owner will inherit upon purchase.

1- 3 large bays fully equipped with everything new owner would need to start a high performing auto repair business right away; all equipment is in good, operating condition per owner.
2- Shop comes equipped with 3 x lifts, a compressor, tire changer and balancer.
3- Proximity to residential areas allows for expansion of customer base for new owner looking to marker more aggressively.
4- Per owner, shop produces $311,K Gross Annual Revenue and for Net yearly income of $170,K. ($220,K is employee salary is removed).
5- Shop has 3 large bays as well as 10 allotted parking spots.
6- Shop currently does auto repair work, Smog/AC. Body work (No Paint), and tires.
7- New owner must secure new lease, sale will be contingent on buyer being able to prove their good credit to get new lease.
This business has been great for the seller and there is potential upside for new owner. # 6303

Business Information

Ownership Type: Corporation
Year Established:
Year Purchased: 2000
Business Type: Auto Care
License(s) Required: Business
Hours of Operation:
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp: No
Office Listing Number: 6303
Date Available: 11/30/2020
Reason For Sale: Other Interest

Financial Information

Annual Total:
Revenue:
Annual Net Income:
$170,000
Inventory:
Monthly Payroll:

Lease Information

Base Rent:
3,000/m
Lease Expires:
Lease Option:
NNN:

Financing Information

Down Payment:
$225,000
Owner Will Carry:
Other Finance:
Terms:

Contact Us

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